• Diana Shipping extended its cash tender offer to buy the remaining Genco Shipping shares for USD 24.8 per share.
• Genco’s board has rejected the offer, citing undervaluation versus net asset value and a lack of a control premium.
• The offer documents still do not reflect terms in a separate indicative, non-binding proposal Diana made to Genco’s board.
• Genco’s board continues to review Diana’s separate indicative proposal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genco Shipping & Trading Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607131025PRIMZONEFULLFEED9761141) on July 13, 2026, and is solely responsible for the information contained therein.